High Representative/Vice President Josep Borrell will travel to Latin America, the third time of his current mandate, starting in Uruguay on 24 October and continuing to Argentina from 25 October. His mission aims to further strengthen both bilateral and regional relations, in particular through co-chairing the EU-CELAC Foreign Ministers Meeting which will pave the way for further high-level […]
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Eurobarometer survey highlights how Europeans interact with the financial services world
The European Commission has today published a Eurobarometer survey on how Europeans interact with the financial services world, in particular given its ever-increasing digitalisation and the development of sustainable finance. Overall, 86% of Europeans say that they feel confident in managing their personal finances, and 73% feel confident with banking online. However, the results vary […]
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Cryptocurrency dangers and the benefits of EU legislation
Why and how should the EU build crypto-regulation to foster innovation and protect users? The use of crypto-assets and the technology behind them has proven to be both immensely promising and problematic. The EU wants to help boost the development of these technologies and their use in the EU, while protecting users. Risks of crypto-assets […]
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Commission adopts a more flexible antitrust Informal Guidance Notice; withdraws Antitrust COVID Temporary Framework
The European Commission has adopted a revised Informal Guidance Notice that allows businesses to seek informal guidance on the application of EU competition rules to novel or unresolved questions. The revised Informal Guidance Notice provides for more flexible conditions and aims at increasing legal certainty, to the benefit of businesses seeking the guidance when assessing the […]
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Main Results: Eurogroup, 3 October 2022
Main results Macroeconomic situation in the euro area Following up on discussions at the Eurogroup meeting in Prague, the Eurogroup discussed the macroeconomic situation in the euro area and in particular the fiscal policy response to high energy prices and inflationary pressures. Mathias Cormann, Secretary-General of the OECD, joined the discussion. We agreed today, […]
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Antitrust: Commission upgrades eLeniency tool to grant companies online access to leniency and settlement documents
The European Commission has upgraded its online platform “eLeniency” to ensure that companies who are parties to cartel and antitrust proceedings can easily and securely access documents online. This new version allows for an efficient interaction with the parties, and adapts the tool to today’s new working methods. The eLeniency platform, introduced in 2019 as a one-way […]
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High-Level Expert Group kick-starts work
The High-Level Expert Group (HLEG) on scaling up sustainable finance in low and middle-income countries meets in Brussels today for the first time kick-starting their reflection on the challenges and opportunities of sustainable finance in partner countries with a view to providing recommendations to the Commission on how to scale up funding from the private […]
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SURE’s success in protecting jobs during the COVID-19 pandemic
The Commission has published its fourth bi-annual report on the implementation and impact of SURE, the €100 billion instrument designed to protect jobs and incomes affected by the COVID-19 pandemic. The report confirms and extends the findings of the three previous bi-annual reports, namely that SURE was successful in cushioning the impact of the pandemic and […]
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Bread more expensive than ever
Bread, vegetables, meat – food has become more expensive. Prices for cooking oils and fats have risen particularly sharply, but important staple foods such as bread have also become significantly more costly. This is particularly due to the Russian invasion of Ukraine, which has significantly disturbed global markets since Russia and Ukraine have been major exporters of […]
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